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Alphatec Holdings, Inc. (NASDAQ:ATEC) shareholders (or potential shareholders) will be happy to see that insider David Pelizzon recently bought a whopping US$1.8m worth of stock, at a price of US$15.25. That purchase boosted their holding by 94%, which makes us wonder if the move was inspired by quietly confident deeply-felt optimism.
Alphatec Holdings Insider Transactions Over The Last Year
Over the last year, we can see that the biggest insider purchase was by insider Jennifer Pritzker for US$15m worth of shares, at about US$11.11 per share. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of US$14.81. Because the shares were purchased at a lower price, this particular buy doesn't tell us much about how insiders feel about the current share price.
In the last twelve months insiders purchased 1.48m shares for US$17m. But insiders sold 5.00k shares worth US$32k. Overall, Alphatec Holdings insiders were net buyers during the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!
Alphatec Holdings is not the only stock that insiders are buying. For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.
Insider Ownership of Alphatec Holdings
Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. It's great to see that Alphatec Holdings insiders own 12% of the company, worth about US$176m. Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.
What Might The Insider Transactions At Alphatec Holdings Tell Us?
It's certainly positive to see the recent insider purchases. And the longer term insider transactions also give us confidence. But we don't feel the same about the fact the company is making losses. When combined with notable insider ownership, these factors suggest Alphatec Holdings insiders are well aligned, and quite possibly think the share price is too low. One for the watchlist, at least! So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. At Simply Wall St, we've found that Alphatec Holdings has 2 warning signs (1 shouldn't be ignored!) that deserve your attention before going any further with your analysis.
Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.
For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions, but not derivative transactions.
This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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